Keone Hon, co-founder of Monad, has released a comprehensive 10-point security checklist for protocol self-audits, emphasizing critical areas such as administrative permissions, fund security, and multi-signature design. The checklist advises protocols to identify admin functions that could lead to fund loss, ensure operations are protected by time locks, and implement real-time monitoring with immediate alerts for admin function invocations. It also recommends reviewing privileged accounts, adopting multi-signature structures, and setting clear signature thresholds. Additional points include using dedicated cold devices for multi-signature operations, applying withdrawal rate limits, and ensuring employee devices have malware detection. The checklist also suggests analyzing potential attack vectors to optimize system design against attacks. This release follows a recent incident where Drift Protocol suffered a $285 million hack after adjusting its multi-signature setup without implementing a time lock, leading to significant security breaches.